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Wales
Wednesday 21 April 2021

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Diurnal raising funds to support development plans

Listed specialty pharmaceutical company Diurnal is looking to raise up to about £22m to progress its US development plans for a key product and to support the evolution of the group's earlier stage pipeline.
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Insider Feature
Feature 1

Business Matters: CRM Systems in the Post Covid Workplace

Iestyn Gruffudd, who works across Menter a Busnes to support development of work systems and procedures, discusses the increasing importance of embracing technology such as CRM systems in the post-covid workplace.
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Deals

BFS outlines £300m Pandemic Recovery Fund plans

Bibby Financial Services (BFS) has outlined plans for a £300m Pandemic Recovery Fund to support SMEs as lockdown restrictions are lifted over the coming months.
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Goldman Sachs backing for UK digital bank

UK digital bank Starling has secured a £50m investment by Goldman Sachs Growth Equity to support its growth plans.
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CMA raises petrol price concerns over Asda acquisition

The Competition and Markets Authority (CMA) has found that the £6.8bn acquisition of Asda by a consortium including the owners of Euro Garages and private equity firm TDR Capital may lead to higher petrol prices.
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Insider Feature
Feature 2

Business Matters: Routes for achieving an exit from a business

Know your options…Katherine Broadhurst, partner of Azets sets out the main routes for achieving an exit from a business.
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Business

Compass Cymru to showcase country’s larder and drive economic growth

Food and support services giant Compass Group UK & Ireland has launched Compass Cymru as a distinct business within the wider group.
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Contract wins to support care job creation drive

A major care provider is set to fill hundreds of jobs after securing new contracts.
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Number of UK sectors in growth hits six-month high – Lloyds Bank

The number of UK sectors reporting output growth grew to a six-month high in March, according to the latest Lloyds Bank UK Recovery Tracker.
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Insider Feature
Feature 3

Ask the expert: How does the Brexit Trade Deal impact my existing commercial contracts?

Dan Dowen, commercial contracts senior associate solicitor at Berry Smith Lawyers, considers three points that businesses should consider when assessing the potential impact of Brexit on their commercial contracts.
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Property

Quartet of lease deals at Creative Quarter

Four more businesses have signed new leases in Cardiff city centre's Creative Quarter.
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Business centre set up at prominent Flint site

A former supermarket building in Flint is being transformed into a business centre by the team behind a marketing and IT company.
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Kier Group buoyed by ‘significant improvements’

Infrastructure and construction specialist Kier Group has returned to a half-year profit during a period of "significant improvements". The firm also reiterated its plans to undertake an equity raise in the coming weeks.
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Insider Feature
Feature 4

Business Matters: The future of the hospitality industry in Wales

Jane Byrd, managing director of Compass Cymru, discusses the business' commitment to Welsh people, suppliers and sustainability as we emerge from lockdown.
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Manufacturing

Progress for Ebbw Vale engineering centre plans

Plans to establish an engineering centre in Ebbw Vale have moved forward after Blaenau Gwent's council executive approved a report that endorses a funding bid to the Welsh Government.
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Revenue increase at IG Design

Gift packaging and greeting cards maker IG Design Group has upped revenues in its latest financial year.
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Other News

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Member Exclusive News

Solar energy success for Grŵp Llandrillo Menai

Grŵp Llandrillo Menai is set to double its output from solar voltaic energy following the installation of its first large scale solar array last year.
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